710 Colorado St APT 4GAustinTX78701
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Austin at 710 Colorado St APT 4G, Austin, TX, 78701 generates $2,711/mo in rent and, after a $1,708/mo payment, leaves $229/mo in cash flow. Total monthly income is $2,711/mo, and annual cash flow is $2,753/yr on $115,694 invested. Return on cash invested sits at 22.29% in year one, and rental yield is 9.32% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 116.83% and total cumulative return in cash sums $135,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/mo property income rather than buyer’s personal income.
Condo
Built in 1940
217.80 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
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